DAX Slips Further to 3-Month Lows

2026-03-03 08:48 By Luisa Carvalho 1 min. read

Frankfurt's DAX 40 extended steep losses on Tuesday, slipping over 3% to trade near 23,800, the lowest since early December 2025, amid mounting geopolitical risks.

Investors weighed the prospect of a prolonged conflict in the Middle East after US President Donald Trump indicated that the attacks could last four to five weeks, and potentially even longer.

This exacerbated worries of a potential energy crisis, which is expected to add further pressure on inflation and may prompt a more cautious stance from the ECB and the Federal Reserve.

Travel and tourism stocks, techs and financials remained under heavy pressure.

Lufthansa and TUI each slipped 5.7%, amid flight cancellations to the Middle East and soaring oil prices.

Infineon Technologies, Siemens, Deutsche Bank, Allianz and Commerzbank each fell more than 4%.

Beiersdorf shares plunged more than 16% after the company flagged a softer 2026 outlook citing cost and foreign exchange pressures.



News Stream
DAX Slips Further to 3-Month Lows
Frankfurt's DAX 40 extended steep losses on Tuesday, slipping over 3% to trade near 23,800, the lowest since early December 2025, amid mounting geopolitical risks. Investors weighed the prospect of a prolonged conflict in the Middle East after US President Donald Trump indicated that the attacks could last four to five weeks, and potentially even longer. This exacerbated worries of a potential energy crisis, which is expected to add further pressure on inflation and may prompt a more cautious stance from the ECB and the Federal Reserve. Travel and tourism stocks, techs and financials remained under heavy pressure. Lufthansa and TUI each slipped 5.7%, amid flight cancellations to the Middle East and soaring oil prices. Infineon Technologies, Siemens, Deutsche Bank, Allianz and Commerzbank each fell more than 4%. Beiersdorf shares plunged more than 16% after the company flagged a softer 2026 outlook citing cost and foreign exchange pressures.
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